Reuters - Mitsubishi UFJ Financial Group said picks Amsterdam as EU investment banking base

Japan’s Mitsubishi UFJ Financial Group (MUFG) has picked Amsterdam as its European Union investment banking base, sources with knowledge of the matter said on Wednesday, as financial institutions prepare for Britain’s exit from the EU.

Reuters reports that MUFG has also decided to open a branch in Paris for its investment banking unit, said the sources, who were not authorised to discuss the matter publicly.

Japan’s largest lender with $2.8 trillion (2.1 trillion pounds) in assets has already picked the Dutch city for its commercial banking operations in continental Europe.

Currently, the Japanese bank’s European investment banking unit, MUFG Securities EMEA plc, has its head office in London with staff of about 600 people.

Hit the link below to access the complete Reuters article:

Japan's MUFG picks Amsterdam as its EU investment banking base - sources

Goldman details $5 billion revenue growth plan amid investor questions

JefferiesAnd the Best Place to Work in the global financial markets 2018 is...

Register for HITC Business News